Above Food Ingredients Stock Price on July 12, 2024

ABVE Stock   0.34  0.02  5.56%   
If you're considering investing in Above Stock, it is important to understand the factors that can impact its price. As of today, the current price of Above Food stands at 0.34, as last reported on the 8th of March, with the highest price reaching 0.34 and the lowest price hitting 0.34 during the day. Above Food Ingredients secures Sharpe Ratio (or Efficiency) of -0.0531, which signifies that the company had a -0.0531 % return per unit of risk over the last 3 months. Above Food Ingredients exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Above Food's Risk Adjusted Performance of (0.05), standard deviation of 8.19, and Mean Deviation of 5.89 to double-check the risk estimate we provide.
  
At present, Above Food's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Common Stock Shares Outstanding is forecasted to decline to about 7.3 M. . At present, Above Food's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 9,251, whereas Price Earnings Ratio is projected to grow to (252.5 K). Above Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0531

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Estimated Market Risk

 8.44
  actual daily
75
75% of assets are less volatile

Expected Return

 -0.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Above Food is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Above Food by adding Above Food to a well-diversified portfolio.
Book Value
(0.59)
Enterprise Value
103.9 M
Price Sales
0.049
Shares Float
6.5 M
Shares Outstanding
28.5 M

Above Food Valuation on July 12, 2024

It is possible to determine the worth of Above Food on a given historical date. On July 12, 2024 Above was worth 2.3 at the beginning of the trading date compared to the closed value of 2.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Above Food stock. Still, in general, we apply an absolute valuation method to find Above Food's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Above Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Above Food's related companies.
 Open High Low Close Volume
  2.49    2.60    2.23    2.25    68,157  
07/12/2024
  2.30    2.40    2.06    2.30    2,125,200  
  2.27    2.27    1.93    2.01    210,000  
Backtest Above Food  |  Above Food History  |  Above Food Valuation PreviousNext  
Open Value
2.3
2.3
Closing Value
27.63
Upside

Above Food Trading Date Momentum on July 12, 2024

On July 15 2024 Above Food Ingredients was traded for  2.01  at the closing time. The top price for the day was 2.27  and the lowest listed price was  1.93 . The trading volume for the day was 210 K. The trading history from July 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 12.61% . The overall trading delta against the current closing price is 29.57% .
JavaScript chart by amCharts 3.21.1507/12/2024JulJul 05Jul 08Jul 11Jul 14Jul 17Jul 202.02.53.03.5

Above Food Ingredients Fundamentals Correlations and Trends

By evaluating Above Food's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Above Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Above financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Above Food Stock history

Above Food investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Above is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Above Food Ingredients will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Above Food stock prices may prove useful in developing a viable investing in Above Food
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.7 M7.3 M

Above Food Stock Technical Analysis

Above Food technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Above Food technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Above Food trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Above Food Period Price Range

Low
March 8, 2025
0.00  NaN%
High

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 0.00 

Above Food Ingredients cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Above Food March 8, 2025 Market Strength

Market strength indicators help investors to evaluate how Above Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Above Food shares will generate the highest return on investment. By undertsting and applying Above Food stock market strength indicators, traders can identify Above Food Ingredients entry and exit signals to maximize returns

Above Food Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Above Food's price direction in advance. Along with the technical and fundamental analysis of Above Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Above to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Above Stock analysis

When running Above Food's price analysis, check to measure Above Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.
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